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Personal Injury
Personal Injury & Contingency Lawyers | Personal Injury & Contingency Lawyers |
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| Written by TheLawClerk | |
| Monday, 04 September 2006 | |
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The history of the Personal Injury Lawyer is littered with interesting facts about the U.S. legal system and contingent fee based practices. While many critics accuse trial lawyers of bringing frivolous lawsuits into the American legal system, nothing is farther from the truth. Personal Injury Lawyers advance their clients services and cash for case costs while funding companies like Global Financial advance cash to Plaintiffs against their pending settlements. Personal Injury Lawyers provide a valuable service to the American Justice system by working for a contingent fee which is only payable if there is recovery for their client. If there is no recovery for their client then the Personal Injury Lawyer will receive nothing and therefore these lawyers will only take cases that have merit. There is no advantage to the lawyer accepting a “frivolous lawsuit” because there is a high likelihood of no recovery and therefore no fee to the lawyer.
Frivolous personal injury lawsuits? The term Frivolous Lawsuits is most often used when referring to medical malpractice cases. Again, the argument that too many frivolous lawsuits are costing Doctors, Insurance Companies and their policy holders billions of dollars every year is simply not true. In most states a Medical Malpractice case cannot be brought unless a panel of three doctors review the claim in detail and agree that there was “gross medical malpractice”. These Doctors are peers to the same Doctor that they are accusing and it is human nature to be nice to your peers. In addition to the fact that it is very difficult for a panel of three doctors to unanimously agree that there was gross medical malpractice, it is extremely costly for a Personal Injury Lawyer to pay for expert witnesses & related case costs that are required to build a case against the defendant.
Personal Injury Lawyer’s incentive to bring valid cases to trial The final reason that a Personal Injury Lawyer brings value and credibility to our legal systems relates to the time our justice systems takes to play out each lawsuit. In most jurisdictions it can take up to 2 years to obtain a trial date and so the Defendant has a clear advantage in delaying or even offering a fair settlement offer to the Plaintiff. Personal Injury Lawyers advance case cost money from their own funds when building a claim for their client. The are not only risking their time but their hard earned money when they fight a personal injury case for a plaintiff. This financial structure of a pending legal claim is the right framework to allow those personal injury claims with good merit make it to trial regardless of the financial strength the plaintiff. Many valid personal injury claims would be given up for financial reasons if the personal injury lawyer was not able to fund case costs. Even Defendants that have admitted liability are not inclined to make a fair settlement offer until a trial date is near. A Personal Injury Law Firm like that of Jacoby & Meyers realizes that a weak case will most likely be sent to trial and therefore be inclined to take strong cases that have a far better chance of settling prior to trial or even the filing of a lawsuit. In some cases a Plaintiff may obtain a Lawsuit Loan from a company to help pay bills until a fair settlement is reached. Legal System needs change The legal system in America does need some change and of course it will never be perfect. One change that would help avoid unnecessary claims and lawsuits is to have a panel of three experts in the field that the suit is being brought to filter out those claims that have no merit. This has been done rather successfully in the Medical Malpractice area and different forms of this approach may be successfully used in other parts of personal injury law.
Conclusion
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